A government minister denied any concrete plans for price caps but confirmed ongoing discussions with supermarkets

The price of eggs, bread and milk would be voluntarily capped under the proposals in return for easing packaging policies and delaying rule changes around healthy food.

British supermarkets are set to cap prices on everyday essentials like eggs, bread and milk under bold new government proposals - but ministers say this would not be a return to…

The proposals would see grocers cap the prices of essential groceries such as eggs, bread and milk, according to the Financial Times.

Treasury minister Dan Tomlinson said price caps on goods like eggs, bread and milk 'isn't something we're looking at' following reports the Government had urged supermarkets to…

The boss of M&S has dubbed government proposals to urge supermarkets to cap the prices of foods as “completely preposterous”.

It comes as new figures show CPI fell to 2.8 per cent

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleLord Stuart Rose, a former Asda boss and…

It is difficult to think of a more idiotic, wrong-headed and misguided mechanism for tackling inflation than a price cap

A Government minister denied plans for price caps but confirmed that it is holding talks with supermarkets amid concerns over rising inflation.

Everyday food items such as eggs and milk could have their prices capped, according to reports

"There are certainly plenty of people in this govt whose understanding of economics is so poor that they might consider it a good idea."

The price of eggs, bread and milk would be voluntarily capped under the proposals in return for easing packaging policies and delaying rule changes around healthy food.

Grocery bigwigs have branded reports of price caps on essential food 'idiotic' but others say action is needed to help millions of cost of living hammered households

A government minister denied any concrete plans for price caps but confirmed ongoing discussions with supermarkets

Marks & Spencer, the Bank of England and the CBI hit out at the Chancellor's suggestion that stores limit the price of essentials such as eggs, bread and milk.

The major supermarket has hit back at the government's call to freeze prices of everyday essentials as other retail leaders have slammed the idea as "idiotic" and "dangerous"

Could a supermarket food price cap help with the cost of living? Supermarkets are reportedly being asked to limit food prices, which could see the prices of essential groceries…

The Government's proposals for supermarket price caps have drawn comparisons to the 1970s and failed policies in Venezuela